Dave Hoffman's CEO Appointment Should Keep Dunkin' Brands on Track for 2020 Goals
In a move that shouldn't come as a surprise, narrow-moat Dunkin' Brands announced that President of Dunkin' Donuts U.S. Dave Hoffman has been appointed CEO effective immediately, with current CEO Nigel Travis moving to an executive chairman role. We believe Hoffman, who joined the company in October 2016 following a long career at wide-moat McDonald's, has been a clear positive from a franchise relationship, restaurant operations, channel expansion, and digital innovation standpoint, and expect ...Dunkin' Brands Group is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as ice cream. Through its Dunkin' Donuts brand, the company franchises restaurants featuring coffee, donuts, bagels, breakfast sandwiches, and related products. The company licenses Dunkin' Donuts brand products sold in certain retail outlets such as retail packaged coffee, Dunkin' K-Cup? pods, and ready-to-drink bottled iced coffee. Through its Baskin-Robbins brand, the company franchises restaurants featuring ice cream, frozen beverages, and related products. The company distributes Baskin-Robbins ice cream products to certain markets for sale in Baskin-Robbins restaurants and certain retail outlets.
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